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List Price
$250,000
Status
ACTIVE
Days on Market
259
Price Change
▼ $10,000 1787111274
MLS#
4136768
Subtype
Land
Lot Size
4,878,720
Acres
112
Subdivision
Metes And Bounds

Property Description

THE SMITH 112 PRESENTS AN EXCELLENT OPPORTUNITY FOR INVESTORS, FARMERS, OR BUYERS SEEKING A VALUE-ADD RURAL PROPERTY. The versatile Smith County land is in the Polkville Community and consists primarily of fenced open pasture, well-suited for livestock, hay production, or agricultural use. Additionally, the 112± acre property includes two homes, both in need of TLC, with one currently rented, providing immediate income. There is an old mobile home that will be removed. The primary residence, approximately 2,210 square feet, features four bedrooms and two bathrooms, along with a sunroom offering additional living space and natural light overlooking the pasture. Enjoy the covered back porch, a peaceful spot to relax, entertain, or enjoy views of the surrounding farmland. The home also includes a carport. The rental home consists of three bedrooms and one bathroom. Additional improvements on the land include two storage buildings, a barn, an old chicken coop, and four ponds, providing water sources for livestock and opportunities for fishing and recreation. The pastureland also features two producing pecan trees. With gently rolling, usable pasture and multiple improvements, the Smith 112 is ideal for a working cattle operation, homestead, farm investment, or recreational retreat, all in a quiet rural setting. This is a 16th-section land with a $2,500 annual lease, which renews in 2044. THE PROPERTY IS BEING SOLD AS IS. Seller is offering $5,000 in concessions.

Additional Information

Taxes
$2,173

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Listing courtesy of SmallTown Hunting Properties & Real Estate.